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Report: Louisiana could pay off liabilities, invest with reserve funds | Louisiana

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www.thecentersquare.com – By Jacob Mathews | The Center Square – 2024-11-18 12:57:00

SUMMARY: A Louisiana Legislative Auditor’s Office report suggests strategies for the state to improve its financial management by investing reserves and addressing liabilities. The state’s reserves consist of the $1.1 billion Budget Stabilization Fund and the $2.8 billion Revenue Stabilization Trust Fund. The report recommends more aggressive equity investments, which could yield an additional $144 million in returns from 2020 to 2024. It also advocates for reducing the budgetary reserve from $3.8 billion to a recommended $2.2 billion, allowing funds to be used for paying off the state’s unfunded retirement liabilities, thus achieving significant interest savings.

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News from the South - Louisiana News Feed

Cold again Monday morning, warmer next week

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www.youtube.com – WDSU News – 2024-12-22 07:15:09

SUMMARY: The weather forecast indicates a cold start this week, with tomorrow morning expected to be chilly again. However, temperatures will rise to the 60s by afternoon. The Saints face frigid conditions in Green Bay for Monday Night Football, with temps in the 20s and a wintry mix anticipated. Locally, current conditions are around 43 degrees with calm winds. A warm-up is expected by mid-week, potentially reaching near 70 degrees by Tuesday. Christmas Eve should be mainly dry, while Christmas Day carries a 40% chance of light showers. Overall, expect sunny skies today and mild weather ahead.

Cold again Monday morning, warmer next week

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News from the South - Louisiana News Feed

New Orleans Weather: Chilly this weekend before a warm-up Monday

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www.youtube.com – WWLTV – 2024-12-21 07:22:50

SUMMARY: Good morning! It’s a chilly Saturday, marking the first official day of winter with temperatures near freezing, especially on the North Shore. Residents should prepare for cold mornings and pleasant afternoons in the coming days, with gradual warming into the 70s by Christmas. A small craft advisory is in effect due to choppy lake conditions. While low temperatures will hover around freezing through Monday, expect lows in the 50s by Christmas morning. Overall, a sunny and mild forecast with minimal rain is anticipated, making for a lovely holiday weekend. Enjoy this gorgeous weather!

The weekend will see some freezing temperatures on the Northshore before temperatures warm up by Monday.

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News from the South - Louisiana News Feed

Report: LDH pulling back on vaccine push

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www.youtube.com – WWLTV – 2024-12-20 18:10:30

SUMMARY: Anonymous employees from the Louisiana Health Department claim that leadership has instructed them not to promote COVID-19 and flu vaccines anymore. A report from NPR cites four employees who were told to cease social media posts, vaccine events, and press releases about vaccination encouragement due to a re-evaluation of messaging as the pandemic evolves. The health department did not confirm specifics but acknowledged the change in approach. Experts warn that this shift may lead to decreased vaccination rates during a time when Louisiana is experiencing high flu cases, potentially increasing illness and mortality rates. Vaccines remain available and free through various local channels.

Anonymous employees say the state health department is pulling back on telling people to get vaccinated. That’s according to a report published by NPR on Friday.

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